China International Development Corporation Limited (HK:0264) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China International Development Corporation Limited has announced the formation of a joint venture with Flex Fuel Hydrogen Development Group Limited to develop a hydrogen injection cleaning system for vehicle engines. This collaboration aims to address air pollution and improve energy efficiency in the PRC, supporting the country’s dual carbon goals. The joint venture will be majority-owned by China International’s subsidiary, Straight Runway Limited.
For further insights into HK:0264 stock, check out TipRanks’ Stock Analysis page.